Fercent Alternatives

When it comes to managing a company’s spending and finances, most people think it’s a job about controlling costs. But in our experience on the job, it’s really about managing a company’s commitments - to its suppliers, its partners, its people, and ultimately, its customers. In an era where trust is on the decline, delivering on a company’s commitments is the new bottom line. That’s why we created Raindrop, an entirely new way to manage Purchasing and Finance. With lightning-fast deployment, a new digital front door to converse with the information you need, and plug-and-play integration, Raindrop turns scattered, unmanaged spend into actionable spend, which becomes managed spend and ultimately, tangible savings and margin expansion. Raindrop is an intuitive and modern solution that works the way you do. Most importantly, it puts forward-thinking spend managers in the driver seat, so they can innovate faster, be more proactive, and bring greater value to their businesses.

Opstream.ai is an AI-powered procurement orchestration platform that streamlines procurement processes, empowers teams with self-service workflows, and eliminates inefficiencies to drive better business outcomes. Designed for organizations of all sizes, Opstream enables procurement and finance teams to optimize purchasing workflows, ensure compliance, and achieve cost savings without sacrificing speed or flexibility. With a user-friendly drag-and-drop editor, Opstream allows businesses to configure custom procurement workflows without the need for coding. Its intelligent AI engine prevents redundant purchases by identifying existing or similar tools within the organization, while robust vendor management features simplify onboarding and information gathering. Real-time collaboration tools enhance teamwork, enabling users to engage stakeholders and approvers seamlessly. Opstream integrates with hundreds of business tools, creating a unified system for managing procurement operations. The platform reduces request handling time by 47%, cuts implementation time by 90%, and delivers significant cost savings with a 23% reduction in expenses. Trusted by companies like LastPass and Guesty, Opstream helps organizations achieve 100% compliance, minimize shadow procurement, and focus on strategic initiatives. Whether you're looking to eliminate inefficiencies, improve approval workflows, or gain better control over vendor management, Opstream is the all-in-one platform for modernizing and optimizing procurement processes.

Zip is the AI platform for enterprise procurement, built for humans and agents working together. By orchestrating procurement across teams, tools, and suppliers with the help of AI agents, companies can secure the resources they need to innovate faster than ever before. The world’s most influential enterprises trust Zip, including T-Mobile, OpenAI, AMD, Mars, Dollar Tree, and more. Together they’ve saved over $8 billion and processed over $500 billion in spend. Zip’s team includes product leaders from Apple, Airbnb, and Meta, as well as former procurement leaders from United Health, Sanofi, MGM Resorts, Discover, and NASA. Backed by Adams Street, Alkeon, BOND, CRV, DST, Tiger Global, and Y Combinator, Zip has raised $371 million, most recently at a $2.2 billion valuation and has been recognized by Forbes Fintech 50, Fast Company's Most Innovative Companies, Inc. Best in Business, and LinkedIn Top Startups.

Gearflow is the AI-powered procurement platform built for the people who build, power, and move the world. In heavy civil construction, downtime isn't just expensive - it’s unacceptable. When a machine goes down, contractors need fast, informed decisions to keep jobs moving. But procurement today is still offline, reactive, and disconnected from the tools teams rely on to manage fleets. The challenge is unique. Decisions are time critical. Coordination spans across fleet, shop, and field. And issues like sourcing parts or rentals happen constantly. Gearflow bridges the gap between CMMS and ERP systems with a platform built specifically for this complexity. With optimal sourcing recommendations and complete visibility into vendors, fleets, and team performance, we help contractors move faster, operate with confidence, and stay on budget. Built alongside the industry’s leading contractors and dealers, Gearflow reimagines procurement as a strategic advantage - so jobs don’t stop when equipment does. Contractors love us. And we’re just getting started. Spots are now open to be part of our beta - reach out to join us!

Focal Point is procurement's first full orchestration layer, providing enterprise-level capabilities from a single window. With decades of procurement expertise, we know that nondisruptive digital transformation is critical for long-term, enterprise growth. Unlike other software, Focal Point sits on top of your existing systems, flexibly supporting or supplying your full-suite of procurement needs. Easily connect people and process in data-rich workspaces. Then customize and manage your workflow, with no-code configurations. Learn more at www.getfocalpoint.com

Levelpath is the AI-native procurement platform transforming how global enterprises manage indirect spend. Built from the ground up for the AI era, our platform unifies procurement operations through intelligent automation, featuring an intuitive stakeholder interface, advanced workflow orchestration, and our proprietary Hyperbridge reasoning engine that delivers real-time intelligence and complete visibility across all procurement activities. Trusted by leading Fortune enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SSM Health, and Western Union, Levelpath's AI-native architecture enables organizations to collaborate smarter, operate faster, and scale procurement operations that drive measurable business value. Headquartered in San Francisco, Levelpath is backed by Battery Ventures, Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab. Learn more at levelpath.com or connect with us on LinkedIn.

Omnea helps companies orchestrate intake, approvals, sourcing, supplier management, risk, and renewals through an AI-native procurement platform and agentic workflows.

Tonkean is the first-of-its-kind process orchestration platform. Powered by AI, Tonkean helps enterprise internal service teams like procurement and legal create process experiences that people actually follow. Maximize adoption, efficiency, and compliance. Intelligently orchestrate the intake, triage, and resolution of every request. With a library of preconfigured process templates and a 100% no-code workflow editor, Tonkean is the automation platform of choice for many innovative F500 companies. With full governance controls, enterprises can guarantee compliance while maximizing adoption—all without any change management and no code. Founded in 2015, Tonkean is headquartered in Palo Alto with R&D in Tel Aviv.